This property looks like a bad Long-Term investment with a projected -9.87% first-year return on $63,105 initial cash invested.
-9.87%
Cash On Cash
4.99%
Cap Rate
0.76
DSCR
$2,332
Rent
-$519
Cashflow
Cash Flow
$2,332 income − $2,851 expenses = $519 out of pocket
Investment Breakdown
|
Purchase Price
$301k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,105
Downpayment
20%
$60,100
Closing costs
1%
$3,005
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,332
Total Expenses
$2,851
Mortgage P&I
71%
$1,652
Property Taxes
16%
$365
Home Insurance
5%
$117
HOA
5%
$110
Property Management
10%
$233
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0